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- 1. Multiple Choice
Primary function of marketing includes-------------
Procurement
Transport
Storage
Banking
- 2. Multiple Choice
Knowledge of marketable surplus helps the -----------------
Farming population
Non-farming
Both a and b
Neither a nor b
- 3. Multiple Choice
Secondary function of marketing includes -------------------
Assembling
Grading
Insurance
Banking
- 4. Multiple Choice
All the following have positive relationship with marketable surplus except ?
Size of family
Size of holding
Quantity of production
A and B
- 5. Multiple Choice
Inferior goods are those for which demand increases as ------------
Income decreases
Income increases
The price of a substitute rises
The price of a substitute falls
- 6. Multiple Choice
The law of demand implies that demand curves -------------------
Shift leftward whenever the price rises
Shift rightward whenever the price rises
Slope down
Slope up
- 7. Multiple Choice
Price spread will be the least in marketing of ?
Rice
Milk
Green leaves
Coconut
- 8. Multiple Choice
Tariffication of all non - tariff barriers is related to ?
Market access commitment
Aggregate measure of support
Export subsidiary
TRIPS
- 9. Multiple Choice
Quality of agricultural commodities is ensured by
AGMARK
ISI
BSI
ISO
- 10. Multiple Choice
Cooperative marketing was not successful in India except ?
Cotton
Edible oil
Milk
Pulses
- 11. Multiple Choice
Converting groundnuts into oil creates -----------
Place utility
Form utility
Time utility
Possession utility
- 12. Multiple Choice
Cotton corporation of India was established during the year ?
1995
1965
1970
1975
- 13. Multiple Choice
In duopoly market there will be ?
One buyer
Two sellers
One seller
Two buyers
- 14. Multiple Choice
Which of the following is an imperfect market
Monopoly
Oligopoly
Both a and b
None of these
- 15. Multiple Choice
Producers operating in monopolistically competitive markets are likely to be ------------
Operate independently
Price takers
Productively efficient in the long run
Make super normal profits in the long run
- 16. Multiple Choice
The company is able to respond customers by customizing market offering on one to one basis is classified as -----------------
Mass customization
Individual empowerment
Super segments
Customaries
- 17. Multiple Choice
To prevent a firm shutting down in the short run it must -----------------
Ensures that it 'breaks even'
Only cover fixed costs
Only cover variable costs
Covers both fixed and variable costs
- 18. Multiple Choice
Globalization of Indian economy was initiated in the year ?
1981
1985
1991
1995
- 19. Multiple Choice
Marketable surplus will be less in case of ---------------------
Rice
Sugarcane
Cotton
Tomato
- 20. Multiple Choice
Marketable surplus will be more in case of ----------------
Rice
Jowar
Cotton
Gram
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